Hi All, BCH is the one of the cryptos which has broken out of long term descending trend and not it is re-testing the support (previous resistance - top blue dotted line). BCH/BCC at pivot S1 support level bouncing back. Short term TP - $533 Mid term TP - $620 Disclaimer: This is not a trade advise. But, just an idea for educational/Information...
Hello Traders! I am here to provide some much-welcomed GOOD NEWS! BCHUSD: Target = $1400 We could see a little bit more of a pullback, but the retrace target is clear to me. Mind you, this idea could be invalidated if Bitcoin breaks below $6200. However, I do not believe Bitcoin will do that. If you have ever followed my analysis in the past, I am an avid...
Technical : I see many reasons to take on this trade. My personal bias for the market is bearish but at the moment everything is point at further upside. Elliott Wave Analysis : Since a few days we have been in a corrective triangle pattern which occurs mostly in Wave B or Wave 4. We can confidently count the first wave of the triangle as a Wave A. The final...
First target 700 $ Stop loss 530 $ 40 % profit
If the RSI doesn't cross resistance where the white Pinguin is sittin' on, then the rising wedge should work its magic and take us for a dive pretty soon.
I think we are gonna have 1 more wave down to complete a WYZ correction. Opportunity to go long around 325 - 350 price.
Bitcoin cash seems to be breaking out of a bull flag pattern. I say you buy some Bcc, then ride the break out.
2D timegrame BCH bullish divergence, should get TSI cross soon repeating fractal reaching prevous bottom, support soon double bottom potential let's go baby
This came across my radar, which I though was worth mentioning. Looking at daily chart for Bitcoin Cash, you can see it has a nearly completed symmetrical triangle pattern. RSI is oversold and MACD has a near bullish cross. We could have a big breakout to the upside over the next week or so.
Bitcoin Cash is about to confirm a head and shoulders pattern, with the loss of 1225usd it's very likely to drop to the minimum target (700usd) or even reach bottom levels.
I think #BitcoinCash finished the 2nd wave on the daily chart. So, if I'm correct, we can win more than 400% profit in the next few months, when we start only with the third wave of Elliot. But don't forget, the boss in the #crypto world is the $BTC. Looking at the indicators RSI and EMA 9 we see a positive crossing near the oversold zone, which leads one to think...
Short Sell: 920$ Stop: 1050$ Target: 710$ Term 4-7 days
Hey, I am back with another Technical Analysis, this time looking at Bitcoin Cash. Lets keep it simple and just right on look at the chart. On the chart you can see Ascending Triangle that has formed, if Triangle has to be valid it has to seen at least 2 swings high and 2 swings low , currently there are 2 up and 3 down. Bassicaly in ascending triangle...
Hey everyone! This is piggybacking off a previous post (linked below). Looking at the 4-hour chart for Bitcoin Cash, I see 2 inverse head and shoulders near completion which could make an exciting trade setup up. The completion of the first inverse head and shoulder pattern should bring us to the neckline of the second set up. And hopefully, it will domino from...
Head and shoulder pattern setting up on BCCUSD. Fib shown as guide for potential take profit areas. Enjoy. Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
BCH is just under the top of the hour cloud with nice support. We're right underneath a downtrend, a breakout of which will trigger a buy signal and the start of a potential move up to the upper 1300s Target levels are: 1280 1320 1390 (1390 - 1230) / 1230 * 100 = 13 % Btw the orange fractal is taken from the current BTC correction. Happy days!